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<br />200511670
<br />
<br />State of Nebraska
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause) d; ;6.0"'0
<br />GJ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~9_Y..~~;:_J,~.t;h--,____:?_()_()_Lumuuuu.______
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: David A Stolz and Kathleen M Stolz
<br />
<br />3428 Far.mstead Road
<br />Grand Island, HE 68801
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Union Bank and Trust Company
<br />4243 Pioneer Woods Drive Lincoln HE 68506~
<br />
<br />BENEFICIARY:
<br />Union Bank and Trus t Company
<br />4243 Pioneer Woods Drive Lincoln NE 68506-
<br />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />Parcell: SEE EXHIBIT dA"
<br />Parcel 2: Lot Two (2), Orchard Subdivision, Hall County, Nebraska
<br />
<br />The property is located in _umuuu__u__.___mmm____~~gmmmmunmmunnnmu at _~l_~.:!-m~!___~~~~y..~.~.J:1._~_~:R~~~nmn
<br />(County)
<br />_'!-.J:1..~_~~_~_~_L!!~~_~_t_!_~_~__:R~~~____._______________, _____mmnn~!'~.J:1._~n~_~_~~~4nmnm_nnn , Nebraska "..umn~"~~9..;J,_"________
<br />(Addre5:l) (City) (ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $682,000.00 . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates. etc.)
<br />A Construction Loan dated 11/1512005 In the amount of $341.000.00 maturing
<br />on 1111512006
<br />
<br />NEBRASKA . DEED OF TRUST (NOTFORFNMA.FHLMC, FHAORVA USE) ~/)/'" (page~%J4)
<br />o 1994 Bankers Systems. Ino.. SI. Cloud, MN (1-800-397-2341) Form RE-OT-NE 10/27/97 Note Dated November 15th, 2005 f..-.//.j .
<br />Gl,.C165(NE) (9808).01 VMP MOItrGAGE FORMS - (800)521-7291 Loan Number 05-09-000183
<br />
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